18th May 2007 07:00
Cairn Energy PLC18 May 2007 EMBARGOED FOR RELEASE AT 0700 18 May 2007 CAIRN ENERGY PLC ("the Company") Transaction in Own Shares The Company has today purchased for cancellation 86,908,764 Deferred Shares,being all of the Deferred Shares in the Company in issue, for a totalconsideration of one pence pursuant to Article 7B of its Articles of Associationand the authority granted by shareholders at its Annual General Meeting held on17 May 2007. The Deferred Shares were created on 4 April 2007 by the conversionof the B Shares on which the Single B Share Dividend was declared. Terms defined in the Circular to Shareholders dated 27 February 2007 have thesame meaning when used in this announcement. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Capricorn Energy PLC